The Czech Republic has the biggest reserves lithium reserves in Europe with one company at the moment having taking the lead in prospecting those reserves and planning their extraction. But some political parties now appear to be discussing whether the state should be taking the lead in exploiting this strategic mineral.
The Czech Republic’s state budget surplus had risen to CZK 25 billion at the end of July, up from CZK 4.6 billion at the end of the previous month, according to data released on Tuesday by the Ministry of Finance. But the surplus is some way below the CZK 75.6 billion recorded at the end of July 2016.
Czech firms have started ringing alarm bells at the lack of locally grown timber that can meet the toughest ecological growth standards. The alarm has been prompted by moves by some of the world’s biggest timber users, such as furniture designer, maker, and seller Ikea to set a target by 2020 that all the wood used in its outlets comes from recycled or fully sustainable sources.
Czech e-shops are going from strength to strength, the financial daily Hospodářské noviny reports. According to the daily, Czech consumers are beginning to order far more than just electronic items or toys online but even foodstuffs they used to buy in stone-and-mortar shops. For the first time, annual online revenues in the Czech Republic are expected to top 100 billion crowns.